ljsquid's  Instablog

Send Message
For the 15 years through 2012, Laurent has outperformed the market with 16% annual returns, compared to 5% for the market. Laurent's international career has stretched through US and Europe. He earned an MBA from Boston University and an MS in Engineering from RPI.
My company:
Longs, Shorts, and Mini-Skirts
  • Our New Short Holding Of MXF Falls 8% In The First Week 0 comments
    May 15, 2013 11:25 PM | about stocks: MXF

    Short the Mexico Fund (NYSE:MXF) again. We shorted the shares in March-April and covered our shorts at 34 for a 7% gain. Now the shares are trading at 36.55 for a 10.7% premium to NAV. MXF holds Mexican stocks, with the biggest holdings being American Movil (13%), Fomento (food company 8%), Wal-Mart de Mexico (7%), Alfa Sab De Sv (6%), Grupo Mexico (basic materials 5%). MXF is rated by Morningstar with 3 stars, as it has underperformed the Mexican market.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: MXF
Back To ljsquid's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Most Commented
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.